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Bitcoin (BTC) Price Drops Below $93,000 in Crypto Selloff; Trader sees short-term rejection

Bitcoin (BTC) erased all of its early 2025 gains on Wednesday as macro turmoil and the global bond exchange accelerated the selloff in crypto prices. The biggest crypto fell to a session low of $92,600 in US trading hours, down nearly 10% in two days from Monday’s peak above $102,000. It has recovered some of […]

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Ripple’s XRP interest rises as Brad Garlinghouse meets with Donald Trump

Already the biggest gainer among major cryptos since November’s US presidential election, Ripple’s XRP fared even more on Wednesday after Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with President-elect Donald Trump. “Great dinner last night … Strong start to 2025,” Garlinghouse wrote on X, along with a photo of him and

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Solana pushes validators to test early ‘Firedancer’ upgrade

Solana is ramping up testing of Firedancer, the long-awaited software upgrade that promises to significantly increase blockchain’s processing speed. By the end of this week, Solana’s core developers want a “supermajority” of the processing power on the chain’s low-stakes test network to be running Frankendancer, an early version of Firedancer, according to messages in Solana’s

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Hyperliquid responds to decentralization criticism

Welcome to the protocolCoinDesk’s weekly roundup of the top stories in cryptocurrency technology development. I’m Ben Schiller, CoinDesk’s features and opinion editor. In this issue: HyperLiquid responds to criticism over decentralization StarkWare launches appchains on Starknet Arbitrum deepens ties with South Korea’s Lotte Group Do Kwon’s criminal trial is set for 2026 Pyth Network partners

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FTX Konkursbo strikes out over ‘unauthorised’ sale of FTX EU to Backpack exchange

The FTX bankruptcy estate has contested the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet company founded by former FTX and Alameda employees. The FTX estate said Backpack “has no involvement whatsoever in the U.S. Bankruptcy Court-approved process for the return of funds to any FTX customers and other creditors,”

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Bitcoin ETFs Suffer $582M Net Outflow, Ether ETFs Hemorrhage $159M.

Investors withdrew significant amounts from US-listed spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) on Wednesday, as macroeconomic uncertainty cast a shadow over the cryptocurrencies’ price outlook. Eleven bitcoin ETFs recorded a combined net outflow of $582 million, marking the second-largest total since these alternative investment vehicles began trading a year ago, according to

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Cardano’s ADA Falls 8% As Traders Await Trump Catalyst For Bitcoin Gains

Cardano’s ADA led losses among crypto majors on Thursday as bitcoin’s weakness showed no sign of stopping, putting any chance of a rally in altcoins on hold. Bitcoin (BTC) fell to nearly $93,000 on Wednesday as fresh economic data sent US Treasuries soaring, leading to a drop in stocks. The latest report from the Institute

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Bitcoin’s (BTC) Farewell to $100,000, Shiba Inu (SHIB) Approaching Last Support, XRP Stronger than All by Pakinomist

Pakinomist – After coming back below the psychological $100,000 threshold, investors have been wondering if this is a short-term drop or a more significant change in the market. Right now, Bitcoin is trading at around $95,933, down 1.04% from the previous day. After a robust rally that nearly brought Bitcoin to its all-time high, there

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Story Revolutionizing Open Source AI for Creator Monetization by Pakinomist

Palo Alto, USA, January 9, 2025, Pakinomist The story leverages Stability AI open models to connect creators and developers, pushing open source AI innovation The story of the world’s intellectual property blockchain has announced its use of Stability AI’s breakthrough models to usher in a new era of open source AI development, empowering contributors –

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